Webinar: NatCat trends accelerating parametrics 2024

Both the frequency and severity of natural catastrophes globally are on the rise. As a result, traditional (re)insurance programmes have become more costly, capacity remains constrained and coverage is narrow than in years’ past. At the same time, risks have become more complex and interdependent.

All of these factors are contributing to the need for additional innovative tools to address natural catastrophe risks for exposed projects. The combination of quick liquidity (within days or weeks of the event), broad coverage (any loss resulting from the event) and flexibility in design make parametric an excellent tool to either complement traditional insurance or act as a replacement where traditional insurance cannot adequately address the problem.

This webinar will reflect on the trends within the NatCat market and will explore how clients are utilising the parametric tool to more comprehensively address natural catastrophe risk.

Speakers

Moderator

Simon Simpson
Managing Director – Construction & Infrastructure, Aon

Participants

Cole Mayer
Head of Parametrics, Aon

Mike Van Slooten
Head of Business Intelligence, Aon

Daniel Vetter
Head of North America, Descartes Underwriting